http://www.dailytelegraph.com.au/mo...ze-across-sydney/story-e6frezc0-1225753449880New suburbs to ease the rent squeeze across Sydney
By Vikki Campion From: The Daily Telegraph July 22, 2009 9:41PM Increase
MULTI-MILLION dollar estates, farms and rural lands will be carved up into at least five new suburbs under fresh measures to cope with Sydney's housing shortage.
Planning Minister Kristina Keneally yesterday revealed a new push to rezone 3300ha in The Hills, Blacktown, Liverpool and Camden to create entire suburbs.
The building of an estimated 20,000 homes in the north and southwest follows skyrocketing rents on family houses in the city fringe which leapt 12 per cent this year.
"We are in the very early stages of planning for new housing and employment land in the growth centres," Ms Keneally said.
Developers are happy the land will finally be unlocked, allowing mass suburban growth.
What will be cut up into subdivisions are now small scale farms and rural residential lots in 2ha packages.
Blocks of land in new release areas in Sydney could sell for $200,000.
Real estate agents said the rezoning would finally allow families to get into exclusive rural areas but fear the subdivisions will not come with enough sewerage, power or roads.
"These services just do not exist in these areas," Gracelands Real Estate agent Andy Caccamo said.
University of Western Sydney Urban Research Centre director Phil O'Neill said the State Government had already failed in providing infrastructure in the so-called growth centres, abandoning the northwest rail line while indefinitely deferring the south west line.
"Given residential development on the fringes is outpacing employment growth we can expect an abnormally high number of residents will have to commute long distances by road."
Developers cannot wait for the land to be rolled.
"Undersupply has pushed out rents to new highs," Urban Taskforce chief Aaron Gadiel said.